Industry Outlook Analysis

Industry Outlook Analysis

KResearch assesses that the coronavirus (COVID-19) pandemic in 2020 will be a short-term factor causing the rubber price structure to change over the long term. This represents an important turning point that will result in a new normal of rubber prices, i.e., rubber prices will likely move within a... Read more

Chicken eggs are low-cost source of protein. However, as demand for eggs has soared amid fears over the COVID-19 pandemic, they have been in short supply in several areas. As a result, egg prices skyrocketed during March 2020, triggering concern among consumers. To help alleviate such as an impact o... Read more

Thai rice exports for 2020 may face the same negative conditions that continue to plague all aspects of trade from the previous year, whether it is a highly competitive global market, world economic problems, depreciation of the Baht, drought, the change in China’s role from importer to exporter, or... Read more

Fresh, chilled and frozen chicken are commodities that Thailand can still make good profit from in China, even though closures of key Chinese trade ports to control the spread of COVID-19 from post-Chinese New Year to mid-February 2020 led to some delays and suspension of shipments of fresh, chilled... Read more

The novel coronavirus (COVID-19) epidemic has forced China to close its key border checkpoints and extend the Lunar New Year holidays to February. In addition, cross-border land transportation routes from Vietnam to China have contemporarily been suspended to monitor the COVID-19 outbreak, prompting... Read more

Drought has arrived earlier than the previous year in 2020 and it is expected to be prolonged because water levels at dams across the country have declined 33.1 percent YoY. Such water levels are more critical than those seen during the severe drought reported in 2015.... Read more

The outlook of Thai agricultural products in 2020 will continue to be under pressure from drought and the global economic slowdown. Thailand may face severe drought conditions, which will continue from 2019. As of December 25, 2019, the amount of usable water in the dams nationwide stood at 21,197 ... Read more

The agricultural traceability system serves as an important tool to link production data in each supply chain. The increasing role of modern agricultural technologies will support the adoption of traceability in the entire production process. ... Read more

As part of the efforts to lift farm income, the government has a policy of guaranteeing income for farmers growing important crops: i.e., rice, rubber, oil palm, sugarcane, cassava and maize, during 4Q19. The Cabinet, August 27, 2019, approved the income guarantee program for rice farmers for the fi... Read more

The off-season drought situation in 2019 (May-July 2019) has caused extensive damage. The influence of a mild El Nino condition has resulted in lower than normal rainfall. The amount of water in the dams remains low, adversely affecting main agricultural products such as in-season rice that farmer... Read more

Regarding the ongoing cassava mosaic virus epidemic, KResearch views that in 2019 the cassava mosaic virus epidemic may not damage the overall cassava output for this year because normally a small amount of cassava will enter the market in the second half of the year. The cassava price in 2H19 is li... Read more

Due to China’s African swine fever (ASF) outbreak, China may experience the shortage of pork meat for domestic consumption and need to import other protein sources from other countries. We at KResearch view that the incident will likely benefit Thai livestock products, especially chicken products ex... Read more

As drought is projected to last until July 2019 instead of the end of May forecasted before, based on low water levels in reservoirs, especially in the central and northeastern regions, and the delay in rainfalls during June-July 2019, it is expected that the second-season rice and sugarcane, which ... Read more

The attempt by the three natural rubber producing countries (Thailand, Indonesia and Malaysia) to boost rubber prices in 2Q19 by curbing rubber exports by 240,000 metric tons for four months from April-July 2019 amid the downward trend of rubber prices may prop up rubber prices somewhat. The measur... Read more

Signs of drought in 2019 are imminent as the summer has come sooner and is expected to last longer than in previous years, affecting rainfall amounts and lowering water levels in the country’s major reservoirs. KResearch holds the view that this year’s drought could persist through the month of May.... Read more

KResearch holds the view that plant factories present a new and interesting option for farmers to use as a farming tool because of its precision in controlling farming environments by using technology and innovation. Plant factories answer the demands of the Agriculture 4.0 era by increasing agricul... Read more

On January 8, 2019, the European Union (EU) announced to lift the so-called “Yellow Card” or warning on Thailand for our substantial progress in tackling illegal, unreported and unregulated (IUU) fishing. Although the removal helps improve the image of Thai seafood products, such exports the EU wil... Read more